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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: Cytokine1 who wrote (2872)11/13/1997 11:38:00 AM
From: chirodoc  Respond to of 95453
 
<<<<<Hey cdoc, I'm a lurker here too!

........about one year ago i started buying SLB, then added DO, and recently added FLC. most analysts that i read/ hear say that drillers still will have ability to maintain/raise rates over a 1-2 year period. there has been lots of gains in past year, but there is probably still some life in these stocks. it is very expensive to drill new wells and get equiment in place. and, barreir to enter this business is high.

......good luck